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NEWS UPDATE: Market on the defensive in 2008By Justin Lim...

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    06/02/08
    21:03
    Post #: 3327101
    NEWS UPDATE: Market on the defensive in 2008

    By Justin Lim

    Financial services firm Ord Minnett has announced its stock picks for domestic equities, with a strong focus on defensive, blue chip shares.
    “Many of the stock picks for 2008 can be combined with other stocks to form the core of an investment portfolio, whilst others … can be used to enhance the performance of an existing portfolio.”

    Ord Minnett’s recommendations included Spark Infrastructure, Toll Holdings, DWS and Woolworths for their defensive qualities; ASX, CSL and Macquarie Group as true blue chip picks; BHP Billiton, Territory Resources and Mac Services for their strong resources outlook; and Commonwealth Bank PERLS IV and St George CPS II for their potential for positive returns.
    TTY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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